Should Cryptocurrency be banned in nepal and how can we remove the ban ? - My View

I want to start this topic with one of the recent proverb

Classic nepali approach to innovation: Ban them.

As of now most of the countries have started to legalise the digital currency i.e cryptocurrency, government of NEPAL has officially banned it . If most of the countries are accepting why we have to banned it ? Are we different from other country ? Does our country is from another universe where there isn't even a single sign of cryptocurrency ?

Our country's economy is not stable and its is in worse condition . Legalising the cryptocurrency might be one of the reason for booming of economy and can help to prosper. Its can be the way to globalize the nepalese market. Through this we can represent the nepalese products in international market and can also compete internationally . With the help of it we can make our acceptable all over the world. There isnt any way of doing international transaction as of now in Nepal . We can also use cryptocurrency in that case. We are paying much larger fee for doing transaction of money. If we use cryptocurrency, we can do it in much lower rate and in minimum cost.

The act of banning cryptocurrency is pathetic. Without any reason and clarification, our government has done this silly act. Its injustice to people of nepal. So I request my government to remove the ban from cryptocurrency and start the procedure for legalising it. Soon we gonna realise how much impact this digital currency will do in national economy.

The ban can be easily removed if all the transaction which are done through cryptocurrency are monetize . Government should make proper rules and regulation in this case . At last, I must say cryptocurreny is the biggest invention after internet.

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